What to Expect in the Week Ahead (CPI, Apple Event, Oracle Earnings)

Moomoo Breakfast USSep 6 16:14

Oil Higher on Hormuz Escalation Amid Quiet Markets Due to Labor Day

WSJ16:25

Stock Futures Mixed After Stronger-Than-Expected Jobs Report

TipRanks13:47

Trump Rallies GOP Ahead of Midterm Elections

Bloomberg09:05

China to inject 8 trillion yen into capital of eight state-owned financial institutions amid crisis response to property sector slump

[Beijing] Eight Chinese state-owned financial institutions announced capital strengthening plans totaling up to 360 billion yuan (approximately 8.4 trillion yen) on the 6th. The government is scheduled to issue special sovereign bonds soon, making the simultaneous support for banks, insurance companies, and policy-based financial institutions unprecedented. Amid growing concerns that non-performing loans at financial institutions are swelling due to the real estate downturn, the move aims to bolster equity capital and prevent a escalation into a financial crisis. Premier Li Qiang had indicated in March at the National People’s Congress a policy to inject public funds into major state-owned banks by issuing 300 billion yuan in special sovereign bonds.

Jiji Press06:18

Morning Equity Notes – September 7 ☆1

[Scheduled] [Domestic] ◆ Press conference by Keidanren Chairman Tsutsui (3:45 p.m.) [Overseas] Times in JST ◆ IAEA Regular Board of Governors Meeting (until the 11th, Vienna) ◆ Joint drills by Japan, the U.S., and South Korea in the East China Sea and other areas, "Freedom Edge" (until the 11th) [Scheduled Economic Indicator Releases] [Domestic] ◆ Foreign exchange reserves at the end of August (8:50 a.m., Ministry of Finance) ◆ Index of Business Conditions for July (2:00 p.m., Cabinet Office) [Overseas] Times in JST ◆ Final GDP figures for the Eurozone in the April–June quarter (6:00 p.m., Eurostat) [Scheduled Overseas Market Holidays]

Jiji Press06:01